Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
From Lake Michigan Shores, New Grand Caymans Fund on the Way
By Staff WriterMEQUON, Wis. (HedgeWorld.com)--Fall River Capital LLC, a commodity trading adviser headquartered in this suburb of Milwaukee, announced it will launch a new offshore hedge fund by the end of the first quarter 2005. Charles F. Wright and Robert Friedl created Fall River in 1999. It pursues trend-following and macro strategies...
January 21, 2005
Pru Originates $220 Million LoanNU Online News Service, Jan. 21, 2005, 4:33 p.m. ESTAn arm of a large Newark, N.J., insurer is helping Vornado Realty Trust, New York, ...
January 18, 2005
S&P Hedge Fund Index Ends Flat Year on an Up NoteNEW YORK (HedgeWorld.com)--Equity markets ended 2004 with a bang, but the noise provoked little more than a yawn from sleepy hedge fund strategies in the Standard & Poor's Hedge Fund Index. Despite returns for managed futures strategy of over 10% and U.S. long/short equity strategy returns over 6% for the...
January 13, 2005
Survey: LTC Costs More Than $72,000 Per YearThe annual cost of U.S. long term care averaged $72,240 in 2004.[@@]Genworth Financial Inc., Richmond, Va., has published that figure in its latest LTC ...
January 12, 2005
MSCI Index Adds 11 FundsLONDON (HedgeWorld.com)--MSCI is adding more hedge funds to its investable index following a quarterly review, with the resulting small shifts in strategy distribution taking effect immediately. The MSCI Hedge Invest Index will grow to 120 from 109 hedge funds, each of which offer weekly liquidity, an MSCI requirement for index...
January 12, 2005
Rogers: Despite Impending Crash in China, Commodities Remain Place to BeNEW YORK (HedgeWorld.com)--Forget about stocks and bonds, the new bull market is in commodities even if China stumbles in the short run, argued Jim Rogers, author and co-founder of Quantum Fund with George Soros, in a talk Wednesday. "It's simple economics," he said, speaking at the New York Board of...
January 04, 2005
ITG Fully Acquires POSITNEW YORK (HedgeWorld.com)--Investment Technology Group announced plans to boost its ownership interest in POSIT, an equity matching system. The POSIT deals adds to ITG's direct electronic access trading business, which includes hedge funds. Earlier this month, ITG said it was considering a deal with E-Crossnet, which would help boost its...
January 04, 2005
Merrill Lynch Launches Registered FundNEW YORK (HedgeWorld.com)--Merrill Lynch & Co. has filed plans to offer its first hedge fund product to be registered with the Securities and Exchange Commission. Managed through ML's Investment Managers unit, the new Multi-Strategy Hedge Opportunities LLC offering is a fund of hedge funds with a minimum initial investment of...